Letong Chemical Co.Ltd(002319) : performance forecast for 2021

Securities code: 002319 securities abbreviation: Letong Chemical Co.Ltd(002319) Announcement No.: 2022-005 Letong Chemical Co.Ltd(002319)

2021 annual performance forecast

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Expected performance of the current period

(I) performance forecast period: January 1, 2021 to December 31, 2021

(II) performance forecast:

The current reporting period of the project is the same period of last year

Net profit loss attributable to shareholders of listed companies: 38 million yuan to 33 million yuan, profit: 7.3098 million yuan

Net profit loss after deducting non recurring profit and loss: 40 million yuan to 35 million yuan, loss: 30.5482 million yuan

The operating income ranges from 380 million yuan to 400 million yuan and 314.5637 million yuan

After deduction, the operating income ranges from 370 million yuan to 390 million yuan and 309.4408 million yuan

Basic earnings per share loss: 0.19 yuan / share to 0.165 yuan / share profit: 0.04 yuan / share

2、 Communication with accounting firms

This performance forecast has not been pre audited by certified public accountants. The company has conducted pre communication with the accounting firm on the performance forecast. There is no significant difference between the two sides in the performance forecast. The specific data shall be subject to the audit results.

3、 Explanation of performance change reasons

It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be a loss of 38 million yuan to 33 million yuan. The main reasons for the decrease compared with the same period of the previous year are as follows: 1. The sharp rise in the price of raw materials in the ink Market has led to a decline in the gross profit margin of the ink business and a decrease in income over the same period; 2. Due to the influence of national environmental protection policies, the expenditure on environmental protection and technological transformation in the chemical industry has increased and the expenses related to restructuring have increased.

4、 Risk tips

1. This performance forecast has not been audited by an accounting firm. The above financial data are the preliminary prediction results of the company’s financial department. The specific financial data shall be subject to the audited 2021 annual report finally disclosed by the company.

2. The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times, securities daily and cninfo( http://www.cn.info.com.cn. ), all information of the company shall be subject to the information published in the above designated media. Please make careful decisions and pay attention to investment risks. It is hereby announced.

Letong Chemical Co.Ltd(002319) board of directors January 29, 2022

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